While most distributors understand the importance of training, too many think of it as something just for new employees or as an expensive line item to cut when budgets get tight. The reality is that training is an investment in your company’s future success.
Training Processes Resources
Return on Your Training Investment
- Increased productivity. Employees learn techniques to complete everyday tasks more efficiently.
- Upgraded skills and knowledge. Employees develop new talents to improve performance and support business growth.
- Reduced supervision requirements. Employees are able to do their jobs better and work more independently.
- Enhanced risk management. Employees are educated about safety issues and regulatory requirements.
- Improved job satisfaction and morale. Employees recognize and value the investment in their professional development.
- Reduced turnover. New employees are better integrated and experienced ones appreciate the opportunity to learn new skills.
- Targeted succession planning. Future leaders are prepared to take on new responsibilities.
Why Is Training Critical?
Fundamental changes in the business economy are making training more important than ever. Training is critical to:
Position your company for future success.
What your employees know today may be less important to your company’s continued competitive advantage than the capacity to learn what they’ll need to know tomorrow. A commitment to learning prepares workers to adapt to changing skills requirements and creates a flexible workforce that can respond quickly to changes in corporate direction and customer demands.
Attract and keep talented employees.
In today’s competitive labor market, demand far exceeds supply. A commitment to helping employees learn and grow is a critical factor in attracting and keeping high performance employees. A solid training program also gives you the flexibility to hire for attitude and train for skill, increasing your pool of potential applicants.
Grow your own skilled workforce.
With skilled workers at a premium, many companies are discovering the hard way that simply replacing employees who aren’t measuring up may not be feasible. Instead, training, mentoring and coaching are important tools to solve performance and productivity problems.
Help managers develop different skills.
The old-school, command-and-control approach to management no longer works in these days of flatter business hierarchies and empowered workers. Managers need a new set of skills to communicate effectively, build teams, and develop employees.
Questions? Contact us today.